Results 1 to 4 of 4
Hybrid View
-
10-15-2014, 08:18 PM #1
- Join Date
- Jul 2014
- Posts
- 74
Assisted Living Facility Acquisition
Business owner has ~650 credit, owns a home valued at $150k, and is looking for an asset based loan for a $100k purchase . Also has a business that's been running about a year, with monthly sales about $10k.
What kind of docs would you need for a deal like this? Is a hard money loan a better option than an ABL? If so, which funders do asset based lending (WBL, SFS, etc)?
-
10-16-2014, 10:57 AM #2
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
-
10-16-2014, 11:43 AM #3
- Join Date
- Oct 2014
- Posts
- 257
Assisted Living Facility Acquisition
What are the assets and liabilities of the potential business? I work with three different banks and can get you a very beneficial situation. Please call 774.208.8118.
-
10-16-2014, 11:44 AM #4
- Join Date
- Oct 2014
- Posts
- 257
Assisted Living Facility Acquisition
You will need 3 years bank. 3 years tax return. Company financials and a few other things.
Similar Threads
-
8 million/month revenue, living on overdraft
By Zach in forum Deal BinReplies: 14Last Post: 07-08-2014, 03:16 PM -
Quick Bridge Funding Secures $35 Million Credit Facility
By isaacdstern in forum PromotionsReplies: 2Last Post: 06-17-2014, 01:48 AM -
Another MCA Securitization Facility
By channin19 in forum Merchant Cash AdvanceReplies: 6Last Post: 06-06-2014, 06:35 PM -
Urgent Care Facility looking for 3rd advance or consol with cash!
By 1StopFunding in forum Deal BinReplies: 6Last Post: 06-02-2014, 11:47 AM